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<blockquote data-quote="Northeast Stinger" data-source="post: 991919" data-attributes="member: 1640"><p>I remember seeing an ad for a betting service many years ago. They had an incredible winning percentage against the spread. I don’t gamble but I was intrigued by something they said that has stuck with me all these years later.</p><p></p><p>“There is no such thing as an upset.”</p><p></p><p>There point, I think, was that if you could know every single factor effecting both team’s’ performance you could predict the outcome with 100% accuracy. I think this is somewhat rhetorical (designed to explain why their background research was so thorough) but it suggests that game results are their own unique events never to be replicated again because the exact circumstances at that time cannot be repeated.</p><p></p><p>So, losers, whether supporters of a team, bettors who had money on the line, or those pushing some kind of regional superiority, will always find the excuse for the loss after the fact. </p><p></p><p>Ahem, so in conclusion…the only results that count are the results on the field but one cannot infer larger systemic results from a single data point. It is what it is.</p><p></p><p>Thank you all for coming today.</p></blockquote><p></p>
[QUOTE="Northeast Stinger, post: 991919, member: 1640"] I remember seeing an ad for a betting service many years ago. They had an incredible winning percentage against the spread. I don’t gamble but I was intrigued by something they said that has stuck with me all these years later. “There is no such thing as an upset.” There point, I think, was that if you could know every single factor effecting both team’s’ performance you could predict the outcome with 100% accuracy. I think this is somewhat rhetorical (designed to explain why their background research was so thorough) but it suggests that game results are their own unique events never to be replicated again because the exact circumstances at that time cannot be repeated. So, losers, whether supporters of a team, bettors who had money on the line, or those pushing some kind of regional superiority, will always find the excuse for the loss after the fact. Ahem, so in conclusion…the only results that count are the results on the field but one cannot infer larger systemic results from a single data point. It is what it is. Thank you all for coming today. [/QUOTE]
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